Miami is a significant centre and leader in finance, commerce, lifestyle, arts, and worldwide trade. miami classified listings is by considerably the largest urban financial system in Florida and the twelfth premier in the United States, with a GDP of $344.nine billion as of 2017. In 2020, Miami was categorized as a Beta + level worldwide city by the GaWC. In 2019, Miami ranked seventh in the United States and 31st between international metropolitan areas in company action, human cash, information exchange, cultural expertise, and political engagement. According to a 2018 UBS review of 77 world metropolitan areas, the metropolis was ranked as the 3rd-richest in the entire world and the second-richest in the United States in buying power. Miami is nicknamed the "Money of Latin The us" and is 1 of the greatest bulk-minority cities in the United States with above 72.seven% of the population currently being of Hispanic and Latino descent.

Increased Downtown Miami has a single of the largest concentrations of global banking companies in the United States, and is property to many huge nationwide and intercontinental businesses. The Overall health District is a significant centre for hospitals, clinics, and the biotechnology and health care analysis industries. PortMiami is the busiest cruise port in the globe in equally passenger targeted traffic and cruise strains, and refers to alone as the "Cruise Capital of the Planet". Miami is also a main tourism hub for intercontinental website visitors, position next in the nation soon after New York Metropolis.

A number of big businesses are headquartered in Miami, like but not constrained to Akerman LLP, Alienware, Arquitectonica, Brightstar Corporation, Celebrity Cruises, Carnival Corporation, Duany Plater-Zyberk, Greenberg Traurig, Inktel Immediate, Lennar Corporation, Norwegian Cruise Line, Oceania Cruises, OPKO Health, Parkjockey, RCTV International, Royal Caribbean International, Sitel, Southern Wine & Spirits, Telemundo, Vector Team, Watsco and Globe Gasoline Companies. Because of its proximity to Latin The us, Miami serves as the headquarters of Latin American functions for a lot more than 1400 multinational firms such as Walmart. In addition, companies primarily based in nearby metropolitan areas or unincorporated places of Miami-Dade County incorporate, Benihana, Burger King, Carnival Cruise Line, Navarro Low cost Pharmacies, Perry Ellis International, Ryder, Sedano's, UniMás, and U.S. Century Financial institution.

Miami is a significant television manufacturing centre, and the most important town in the United States for Spanish language media. Telemundo and UniMás have their headquarters in the Miami location. Univisión Studios and Telemundo Studios produce considerably of the unique programming for their respective mum or dad networks, these kinds of as telenovelas, news, sports, and talk shows. In 2011, 85% of Telemundo's authentic programming was filmed in Miami. Miami is also a substantial songs recording middle, with the Sony Music Latin headquarters in the city, along with a lot of other smaller sized record labels. The town also draws in a lot of artists for songs video and film shoots.

miami escort listings of 2007 triggered a foreclosure disaster in the location. In 2012, Forbes journal named Miami the most miserable town in the United States because of the crippling housing crisis that expense multitudes of residents their houses and work. In addition, the metro location has 1 of the highest violent criminal offense charges in the nation and staff encounter lengthy everyday commutes. Like other metro locations in the United States, crime in Miami is localized to specific neighborhoods. In a 2016 examine by the site 24/7 Wall Avenue, Miami was rated as the worst U.S. town in which to live, based on crime, poverty, cash flow inequality, training, and housing costs that far exceed the countrywide median.